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U.S. Physical Therapy

#5462

Rank

$1.27B

Marketcap

US United States

Country

U.S. Physical Therapy
Leadership team

Mr. Christopher J. Reading (Pres, CEO & Director)

Mr. Carey P. Hendrickson (Chief Financial Officer)

Mr. Graham D. Reeve M.B.A., P.T. (Chief Operating Officer - West)

Products/ Services
Fitness, Health Care
Number of Employees
1,000 - 20,000
Headquarters
Houston, Texas, United States
Established
1990
Company Registration
SEC CIK number: 0000885978
Net Income
20M - 100M
Revenue
100M - 500M
Traded as
USPH
Social Media
Overview
Location
Summary
U.S. Physical Therapy, Inc., through its subsidiaries, operates outpatient physical therapy clinics that provide pre-and post-operative care and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers, and neurological-related injuries. It operates through two segments, Physical Therapy Operations and Industrial Injury Prevention Services. The company offers industrial injury prevention services, including onsite injury prevention and rehabilitation, performance optimization, post-offer employment testing, functional capacity evaluations, and ergonomic assessments through physical therapists and specialized certified athletic trainers for Fortune 500 companies, and other clients comprising insurers and their contractors. As of December 31, 2021, it operated 591 clinics in 39 states; and managed 35 physical therapy practice facilities. The company was founded in 1990 and is based in Houston, Texas.
History

Physicians like Hippocrates and later Galen are believed to have been the first practitioners of physical therapy, advocating massage, manual therapy techniques and hydrotherapy to treat people in 460 BC. After the development of orthopedics in the eighteenth century, machines like the Gymnasticon were developed to treat gout and similar diseases by systematic exercise of the joints, similar to later developments in physical therapy.The earliest documented origins of actual physical therapy as a professional group date back to Per Henrik Ling, "Father of Swedish Gymnastics," who founded the Royal Central Institute of Gymnastics in 1813 for manipulation, and exercise. Up until 2014, the Swedish word for a physical therapist was sjukgymnast someone involved in gymnastics for those who are ill, but the title was then changed to fysioterapeut , the word used in the other Scandinavian countries. In 1887, PTs were given official registration by Sweden's National Board of Health and Welfare. Other countries soon followed. In 1894, four nurses in Great Britain formed the Chartered Society of Physiotherapy. The School of Physiotherapy at the University of Otago in New Zealand in 1913, and the United States 1914 Reed College in Portland, Oregon, which graduated "reconstruction aides." Since the profession's inception, spinal manipulative therapy has been a component of the physical therapist practice.Modern physical therapy was established towards the end of the 19th century due to events that affected on a global scale, which called for rapid advances in physical therapy. Soon following American orthopedic surgeons began treating children with disabilities and began employing women trained in physical education, and remedial exercise. These treatments were applied and promoted further during the Polio outbreak of 1916. During the First World War, women were recruited to work with and restore physical function to injured soldiers, and the field of physical therapy was institutionalized. In 1918 the term "Reconstruction Aide" was used to refer to individuals practicing physical therapy. The first school of physical therapy was established at Walter Reed Army Hospital in Washington, D.C., following the outbreak of World War I. Research catalyzed the physical therapy movement. The first physical therapy research was published in the United States in March 1921 in "The PT Review." In the same year, Mary McMillan organized the American Women's Physical Therapeutic Association . In 1924, the Georgia Warm Springs Foundation promoted the field by touting physical therapy as a treatment for polio.

Treatment through the 1940s primarily consisted of exercise, massage, and traction. Manipulative procedures to the spine and extremity joints began to be practiced, especially in the British Commonwealth countries, in the early 1950s. Around the time that polio vaccines were developed, physical therapists became a normal occurrence in hospitals throughout North America and Europe. In the late 1950s, physical therapists started to move beyond hospital-based practice to outpatient orthopedic clinics, public schools, colleges/universities health-centres, geriatric settings , rehabilitation centers and medical centers. Specialization in physical therapy in the U.S. occurred in 1974, with the Orthopaedic Section of the APTA being formed for those physical therapists specializing in orthopedics. In the same year, the International Federation of Orthopaedic Manipulative Physical Therapists was formed, which has ever since played an important role in advancing manual therapy worldwide.

Mission
Our Commitment to You We will provide the highest quality and most efficient care to our patients using state-of-the-art equipment and therapeutic interventions.We will treat our patients safely with courtesy and the highest ethical standards.We will work to ensure that each and every patient has an exceptional experience with our facilities, staff, and care.
Vision
We will become the premier provider of physical therapy services, setting the benchmark for excellence in the industry.
Key Team

Mr. Eric Joseph Williams (Chief Operating Officer - East)

Mr. Jake Martinez (Sr. VP of Fin. & Accounting)

Mr. Chadd Pence (Sr. VP of Information Systems)

Mr. Richard S. Binstein (Exec. VP, Gen. Counsel & Sec.)

Ms. Jayne Fleck Pool ATC, PT, SCS (Sr. VP & Chief Compliance Officer)

Mr. Jason Anderson (VP of HR)

Mr. Jon C. Bates (VP & Corp. Controller)

Recognition and Awards
Over the years, U.S. Physical Therapy has been recognized by numerous organizations for its commitment to its patients and the communities in which it operates. These awards include recognition from the American Physical Therapy Association, the American College of Sports Medicine, the American Health Care Association, and more.
References

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U.S. Physical Therapy
Leadership team

Mr. Christopher J. Reading (Pres, CEO & Director)

Mr. Carey P. Hendrickson (Chief Financial Officer)

Mr. Graham D. Reeve M.B.A., P.T. (Chief Operating Officer - West)

Products/ Services
Fitness, Health Care
Number of Employees
1,000 - 20,000
Headquarters
Houston, Texas, United States
Established
1990
Company Registration
SEC CIK number: 0000885978
Net Income
20M - 100M
Revenue
100M - 500M
Traded as
USPH
Social Media